Property profile

1562 Central Ave Demorest, GA 30535

OFF-MARKET
Commercial real estate
198,633 SF 4.56 ac lot Built 1800
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4.56-acre commercial property, located at 1562 Central Ave Unit TRACT 1 in Demorest, Georgia, presents a unique investment opportunity. Boasting 198,633 square feet of land, this site offers significant road frontage on Central Avenue, placing it in a highly visible and accessible location. Its strategic position within Demorest's medical district provides proximity to Habersham Medical Center and numerous physician offices, making it ideal for healthcare-related businesses. The property's convenient location also benefits from its close proximity to Demorest Elementary and Wilbanks Middle Schools, as well as the Habersham County Senior Center. The versatility of this large parcel allows for a wide range of development possibilities. Potential uses include, but are not limited to, medical office buildings, senior living facilities, storage units, multi-family residential development, or a small-scale subdivision. The property's central location and diverse potential uses make it an attractive investment for both commercial and residential developers seeking a prime location in a thriving community. This is a rare opportunity to acquire a substantial tract of land in the heart of Demorest, offering significant potential for future growth and development. The asking price for this exceptional property is $215,000.

Property profile

Verified
Property type Commercial real estate
Year built 1800
Total area 198,633 SF
Lot 4.56 ac (198,634 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1562 Central Ave Demorest, GA 30535
Demorest metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1562 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message